Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Lot 1 Poplar Drive Hartfield, VA 23071

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Land And Farms - Hartfield, VA

    Added:
    Feb 12, 2024
    Days on Market:
    808
    Last Refresh:
    Apr 30 at 6:06 am

    Property Features for Lot 1 Poplar Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active

    Taxes and HOA fees

    Tax Annual Amount
    7

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Michael Reames
    Michael Reames

    Listing agent Michael Reames

    Listing office Reames Realty 334 Redoubt Rd., Yorktown, VA

    Listing date Feb 12, 2024

    MLS# 10519835 Listing URL

    Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land in Waterfront Community

    This corner lot is located in the Piankatank Shore waterfront community. An optional homeowners association provides access to a boat ramp, beach, pier, and community common areas. The Piankatank River Golf Course is located approximately 2 miles away.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hartfield
    County
    Middlesex
    State
    Virginia
    Longitude
    -76.495611
    Latitude
    37.546252

    Nearby Similar for Sale

    • $95,000

      Waterfront Lot in Hartfield, VA

      Waterfront lot with community amenities ready for custom build.
      Oyster Cove Landing, Hartfield, VA 23071
      View Details
    • $12,000

      Hartfield, VA Land Opportunity

      Build your dream home near the Plankatank River!
      .277ac Point Anne (Lot 8), Hartfield, VA 23071
      View Details
    • $12,000

      Waterfront Lot in Point Anne

      Build your dream home with river access and community amenities.
      .307ac Point Anne (Lot 7), Hartfield, VA 23071
      View Details
    • $10,000

      Corner Lot in Hartfield, VA

      Wooded corner lot with river access potential in Hartfield.
      Coach Point Rd, Hartfield, VA 23071
      View Details
    • $12,000

      Water Access Residential Lot

      Residential lot with water access and community amenities.
      .277ac Point Anne (Lot 8), Hartfield, VA 23071
      View Details
    • $10,000

      Corner Lot in Hartfield, VA

      Wooded corner lot with river access potential in Hartfield.
      00 Coachpoint Rd, Hartfield, VA 23071
      View Details
    • $57,000

      Golf Course Lot in Hartfield

      0.71 acre lot on golf course in The Landing West.
      Lot 21 Landing West Way, Hartfield, VA 23071
      View Details
    • $99,500

      Land with Golf Course Views

      1.747 acre lot with views of Piankatank River Golf Course.
      Riverboat Lane, Hartfield, VA 23071
      View Details
    • $65,000

      Hartfield Land Near Piankatank River

      Two park-like building lots with river access in Hartfield, VA.
      POINT ANNE Drive, HARTFIELD, VA 23071
      View Details
    • $74,500

      Land Near Golf Course

      0.91-acre lot with golf course views in Hartfield, Virginia.
      Club Drive, Hartfield, VA 23071
      View Details
    • $67,000

      Hartfield, VA Land Parcels

      Two park-like building lots with community river access.
      Point Anne Drive, Hartfield, VA 23071
      View Details
    • $55,000

      Residential Land in Waterfront Community

      Wooded lot in desirable waterfront community with resort-style amenities.
      43C 1 2 Wilton Coves Dr, Hartfield, VA 23071
      View Details

    FAQs

    What type of property is this?
    Land - Corner lot with optional HOA access to waterfront amenities.
    Where is this land located?
    The property is located at Lot 1 Poplar Drive Hartfield, VA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Corner lot in Piankatank Shore waterfront community; Optional homeowners association with boat ramp access; Optional homeowners association with beach access
    (757) 846-7185
    We can help!
    Listing Contact
    Michael Reames
    Michael Reames
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!